Africa’s economy could outgrow Asia’s in 2026, IMF figures suggest, driven by rapid population growth. Sub-Saharan Africa’s average growth may reach 4.6%, while Asia’s combined economies slow to about 4.1%. By 2050, one quarter of the world’s population will be African, reshaping global demographics. However, the region will have to invest heavily in education and create hundreds of millions of formal jobs to meet its potential, the head of the French Development Agency told RFI.
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Africa’s economy could outgrow Asia’s in 2026, IMF figures suggest, driven by rapid population growth. Sub-Saharan Africa’s average growth may reach 4.6%, while Asia’s combined economies slow to about 4.1%. By 2050, one quarter of the world’s population will be African, reshaping global demographics. However, the region will have to invest heavily in education and create hundreds of millions of formal jobs to meet its potential, the head of the French Development Agency told RFI.